Kshitij Polyline Limited is incorporated in 2008 based in Mumbai. The company is doing manufacturing, sourcing of plastic sheet, lamination sheet, folders, i-cars and files stationery. They have developed skills in designing and innovation in office stationery, diary, calendar, student materials and more. They have brand names like “Classik”, “LC” and “Kshitij” for Indian market. They have good distribution network in PAN India level. They have plan to develop logistic and warehousing facility in Indian cities like Bangalore, Chennai, Delhi, Jaipur, Calcuta, Hyderabad and Pune. Kshitij Polyline ipo is starting from 21-September and ends on 27-September. The price band is around Rs.35 with 400 market lot. The ipo size is around 8.75 crore rupees.
IPO Review:
- Risky
Kshitij Polyline IPO Dates & Price Band:
- IPO Open: 21-September-2018
- IPO Close: 27-September-2018
- IPO Size: Approx Rs 8.75 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.35 Per Equity Share
- Listing on: NSE SME
- Shares: 25,00,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 4000 Shares (Minimum Lot Size)
- Amount: Rs.1,40,000
IPO Allotment & Listing:
- Basis of Allotment: 03-October-2018
- Refunds: 04-October-2018
- Credit to demat accounts: 05-October-2018
- Listing: 08-October-2018
Financial Results:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2014 | 12.7 | 12.5 | 0.11 | ||
| 2015 | 12.4 | 12.1 | 0.16 | ||
| 2016 | 15.6 | 15.3 | 0.20 | ||
| 2017 | 17.0 | 16.6 | 0.28 | ||
| 9M 2018 | 17.0 | 15.9 | 0.85 | ||
Kshitij Polyline IPO Important Links:
Company Promoters:
- Bharat Hemraj Gala
- Hemraj Bhimshi Gala
- Rita Bharat Gala
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Bigshare Services Private Limited
Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: [email protected]
Website: www.bigshareonline.com
IPO Lead Managers:
- Monarch Networth Private Limited
Company Address:
Kshitij Polyline Limited
8, Sona Udyog, Parsi Panchayat Road,
Andheri East
Mumbai – 400069
Phone: +91 022 42234107
Email: : [email protected]
Website: www.kshitijpolyline.co.in
